The purchase of a second-tier English football club by a Chinese conglomerate provides a window into a business culture of relationships and reciprocity, Simon Chadwick, Paul Widdop and Dan Parnell write.

China will likely take its place at the top of the world economic tree during Trump’s presidency. How will the “outsider” in the White House cope with this unprecedented shift in global power? In the second of his series looking at the Trump effect in East Asia, Stephen Nagy reports from China on the bilateral and broader regional implications.